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Cable Update (GBPUSD)

  • #834,321
  • Edited 5:02pm Aug 3, 2024 4:33pm | Edited 5:02pm
EU Next week's price movement forecast scenarios
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How much you lose when you are wrong?
  • #834,322
  • Aug 3, 2024 4:56pm Aug 3, 2024 4:56pm
AU Next week's price movement forecast scenarios
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How much you lose when you are wrong?
  • #834,323
  • Aug 3, 2024 5:21pm Aug 3, 2024 5:21pm
USD/CHF Next week's price movement forecast scenarios
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How much you lose when you are wrong?
  • #834,324
  • Aug 3, 2024 5:40pm Aug 3, 2024 5:40pm
UJ Next week's price movement forecast scenarios
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How much you lose when you are wrong?
  • #834,325
  • Aug 4, 2024 12:23am Aug 4, 2024 12:23am
Quoting ScalaFX
{quote} definitely you post too rare Bro, good to see you
Good to see you too, my friend.

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Together we can be strongest
Vantage Return This Month: na
  • #834,326
  • Aug 4, 2024 2:20am Aug 4, 2024 2:20am
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Together we can be strongest
Vantage Return This Month: na
  • #834,327
  • Aug 4, 2024 4:15am Aug 4, 2024 4:15am
Quoting ChiForex
{quote} Ofcourse not! We want both to crash to 50 cents and below

Don't worry our fuckwit communist idiot prime minister is doing all he can to make that a reality
Don't Leave Money on the Table
  • #834,328
  • Aug 4, 2024 4:19am Aug 4, 2024 4:19am
Quoting genadi
{quote} Who is Leon? Leon: The Professional?

Leon: The Professional, great Film
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Don't Leave Money on the Table
  • #834,329
  • Aug 4, 2024 4:40am Aug 4, 2024 4:40am
Quoting HaLBot
{quote} Leon: The Professional, great Film {image}
especially the directors cut
Insane in the Brain..
  • #834,330
  • Aug 4, 2024 4:46am Aug 4, 2024 4:46am
Quoting HaLBot
{quote} Leon: The Professional, great Film {image}
Unfortunately we are stuck on here with Leon " The Submariner "...minus 3806
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  • #834,331
  • Aug 4, 2024 5:39am Aug 4, 2024 5:39am
Quoting Waveskierrob
{quote} Unfortunately we are stuck on here with Leon " The Submariner "...minus 3806 {image}

Don't Leave Money on the Table
  • #834,332
  • Aug 4, 2024 9:07am Aug 4, 2024 9:07am
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  • #834,333
  • Edited 12:52pm Aug 4, 2024 10:07am | Edited 12:52pm
Quoting Zebi
im still long...theres my average price of the 4 longs and ill prolly get out close to 3000 and let things settle down before taking any more swing trades ...the dollar hasn't really don't anything because of the assassination attempt thursday or on today's news but I think the greenback will go up since dems have a better chance winning now without biden...dems were always gonna win just that the margin would have been closer with biden still in the old man is trump now {image}
Quoting Zebi
{quote} I'm still holding longs from thursday and friday with average at 2943 but will close best I can near or above even since I think the dollar going up cause of yesterdays news...i would have got out 2 hours ago if I wasn't still sleeping you'll have to excuse me since i just got up and now have to break out the mop to clean up halbots river of conspiracy tears LOL

happy sunday gentlemen

I got out of my longs on the 23rd with a loss of 20 pips on my I don't remember anymore if was 3 or 4 longs average price

I think the dollar gona rebound from fridays data cause was a little overreaction LOL

kamala leading in the polls now and before people start questioning the polls saying they're fake... they are not...hillary led in the polls and got more votes but lost on a technically that is the electoral college to trump...polls showed biden winning in 2020 and he did...so polls are right 99% of the time in all races with the popular vote but just 90% with the electoral college

so the dollar will keep going up the further she moves out in front

the reason I'm absent is I'm hanging out at the irc chat room...i figure if I'm gonna argue with trumptards id rather they be the home grown variety instead of foreign ones here LOL....plus its earnings season and my fiance getting experience with that for the next quarter since that's what I want her doing between giving her spankings

I'm not gonna post again where that room is since I don't want to poach people from forexfactory...anyone interested in trading stocks and futures or arguing politics can search for that post with the name of the place in my history..

so good luck guys and remember the dollar is king and will stay the king for our lifetime

ill see you guys on weekends or around the election in November
short trump and go long the deepstate
  • #834,334
  • Edited 12:11pm Aug 4, 2024 10:13am | Edited 12:11pm
Quoting Zebi
{quote} happy sunday gentlemen I got out of my longs on the 23rd with a loss of 20 pips on my I don't remember anymore if was 3 or 4 longs I think the dollar gona rebound from fridays data cause was a little overreaction LOL kamala leading in the polls now and before people start questioning the polls saying they're fake... they are not...hillary led in the polls and got more votes but lost on a technically that is the electoral college to trump...polls showed biden winning in 2020 and he did...so polls are right 99% of the time in all races with...

speaking of the peculiarity that's the American presidential election with the electoral college there have just been 5 instances in almost 250 years of the countries existence that the loser of the popular vote won the election

https://en.wikipedia.org/wiki/List_o...e_popular_vote
Of the five winners who lost the popular vote, three (Adams, Harrison, and Trump) ran for reelection four years later and lost the popular vote again and the election as well, one (Bush) ran and won the election as well as the popular vote, and one (Hayes) did not run for reelection. As of the 2020 election, no incumbent president has won re-election without winning the popular vote, and no president has won two terms in office without winning the popular vote at least once.


trump was the 5th time so don't listen to dummies that say he can do it again and that way you wont be one either LOL
short trump and go long the deepstate
  • #834,335
  • Aug 4, 2024 11:02am Aug 4, 2024 11:02am
Looking ahead to next week, worth just a mention of July's mthly close first;

* Mthly July's [> 6mth amr] mthly candle closed as a bullish engulf with a long upper wick. The t/f remains rangy - possibly bullish, overall.
*Wkly 3 consecutive bearish-bodied candles now on this t/f, with last week's [> 13wk awr] candle closing as a hammer-esq candle (though not strictly a hammer?) The t/f could be said to have broken upside out of a range (to 3045) and pulled back to it? It could also be said to be in a general uptrend from 2038. Whatever, it closed the week more bullish than bearish, overall.
*Dly Friday's [> 30day adr] dly candle closed as a bullish piercing pattern candle? There will be a 1st LL @ Friday's/last week's 2706 lo or lower, on this t/f, so it is either at the start of a new downtrend -or- it's general uptrend is still intact?
*4Hr This t/f closed the week with it's general downtrend still intact, but Fri's hi just broke the last LH of that downtrend (@ a H,) by a pip or less. It's last candle close of last week (on gmt/utc +3hrs price feed,) was a bullish engulfing thrust candle.

(NB: Range/trend determinations per 3 candle fractal swing analysis)

So, the immediate question going into the start of the new week is; Will Friday's weaker than expected U.s employment numbers continue to be a drag on the $ per Friday's PA?

Mthly, Wkly, Dly, then 4Hr (with 10/20/40 ema crosses graphic) below;
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Trader with an Edge.
  • #834,336
  • Aug 4, 2024 3:30pm Aug 4, 2024 3:30pm
GBPUSD price action on the H4 time framewent sideways towards the end of Friday after a bearish break below the 61.8 Fib retracement area of the bearish swing that began in May 2021. As there was a relatively strong bullish pushback before price action went sideways, we may see further northward move in the early part of the week.

I may be wrong. Trade safe and prosper.

KP

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Do your homework, follow the footprints of smart money
  • #834,337
  • Aug 4, 2024 3:33pm Aug 4, 2024 3:33pm
looks like smt bullish... or deceiving? Going short. And from 1.29+ if it goes there. to ~1.268, 1.256
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NFP candle on DX was a SLip (stop orders cascade). Usual scenario - come back and accumulate orders in normal way
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and yes, it's a gap
Air force
  • #834,338
  • Aug 4, 2024 3:51pm Aug 4, 2024 3:51pm
Quoting ChiForex
Hold your dollars very tightly and throw everything else folks What nobody is realizing yet, that once the middle east goes to crazy war...the dollar will shine crazily again... SAFE HEAVEN
The world just leaned that as a result of the Russia Ukraine conflict the US can't make enough weapons to keep up to China or Russia! Neither can anyone else in Europe.
China own Iran these days.
It's a new global paradigm!
  • #834,339
  • Aug 4, 2024 5:56pm Aug 4, 2024 5:56pm
Quoting W0lfram
looks like smt bullish... or deceiving? Going short. And from 1.29+ if it goes there. to ~1.268, 1.256 {image} NFP candle on DX was a SLip (stop orders cascade). Usual scenario - come back and accumulate orders in normal way {image} and yes, it's a gap
129 if it gets there would be a good area for a short. Also as 127 didn’t break there is a chance we could slide towards the support after a move up. TP moved to 12875 , with an eye on 12850 as it was the top end of the least move up
Insane in the Brain..
  • #834,340
  • Aug 4, 2024 6:47pm Aug 4, 2024 6:47pm
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yes yes yes
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